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Dec 2, 2014

Cyber Monday Exceeds $2 Billion in Desktop Sales for First Time Ever to Rank as Heaviest U.S. Online Spending Day in History

RESTON, Va., Dec. 2, 2014 /PRNewswire/ -- comScore (NASDAQ : SCOR), a leader in measuring the digital world, today reported holiday season U.S. retail e-commerce spending from desktop computers for the first 31 days of the November-December 2014 holiday season. For the holiday season-to-date, $26.7 billion has been spent online, marking a 16-percent increase versus the corresponding days last year.

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Cyber Monday reached $2.038 billion in desktop online spending, up 17 percent versus year ago, representing the heaviest online spending day in history and the only day ever to surpass $2 billion in sales. The weekend after Thanksgiving also reached a major milestone as it saw its first ever billion-dollar online shopping day on Saturday, while Sunday's sales just fell short of the $1 billion mark. The two days combined posted particularly strong growth online, raking in $2.012 billion for an increase of 26 percent compared to the same weekend last year. For the five-day period from Thanksgiving through Cyber Monday, online buying from desktop computers totaled $6.6 billion, up 24 percent versus last year.                     


2014 Holiday Season To Date vs. Corresponding Days* in 2013

Non-Travel (Retail) E-Commerce Spending

Excludes Auctions and Large Corporate Purchases

Total U.S. - Home & Work Desktop Computers

Source: comScore, Inc.


Millions ($)

2013

2014

Percent Change

Nov. 1-Dec. 1 (vs. Nov. 2-Dec. 2, 2013)

$23,125

$26,745

16%

Thanksgiving Day (Nov. 27)

$766

$1,009

32%

Black Friday (Nov. 28)

$1,198

$1,505

26%

Holiday Weekend (Nov. 29-30)

$1,594

$2,012

26%

Cyber Monday (Dec. 1)

$1,735

$2,038

17%

Thanksgiving thru Cyber Monday

$5,293

$6,564

24%

*Corresponding days based on corresponding shopping days (November 2 thru December 2, 2013)

 

"With more than $2 billion in online buying on Cyber Monday to cap an exceptionally strong 5-day period since Thanksgiving, the online holiday shopping season is clearly going very well at the moment and is currently running ahead of forecast," said comScore chairman emeritus Gian Fulgoni. "Any notion that Cyber Monday is declining in importance is really unfounded, as it continues to post new historical highs and reflects the ongoing strength of online this holiday season. Varying reports have also indicated weakness in the consumer economy due to flagging brick-and-mortar sales over the holiday weekend, but what we may really be seeing is an accelerating shift to online buying as mobile phones spur increased showrooming activity. The data we're seeing suggest it may be more a change in shopping behavior than a lack of consumer demand."

About comScore
comScore, Inc. (NASDAQ: SCOR) is a global leader in digital measurement and analytics, delivering insights on web, mobile and TV consumer behavior that enable clients to maximize the value of their digital investments. For more information, please visit www.comscore.com/companyinfo.

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SOURCE comScore, Inc.

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